NPAs in retail and MSMEs rise to 7.3% for public sector banks in Q1

Gross non-performing assets (GNPAs) on retail and MSME loan books of public sector banks rose to 7.28 per cent in June 2021 from about 6 per cent a year ago.
 
The incidence of bad loans was lower for private banks with GNPAs at 3.32 per cent in June, up from 2.01 per cent year ago, according to CARE Ratings.
 
The current level of NPAs masks the pain due to restructuring done under regulatory packages in 2020 and this year, bankers said.
 
In State Bank of India’s case, it has restructured loans about Rs 20,000 crore, of which